Legal Question in Wills and Trusts in California

Re: Revocable Living Trusts

A revocable living trust generally will remain in existence until it is either revoked by the creators or full distribution under the terms of the trust.

Frequently, revocable living trusts are used to avoid probate. If that is the case here, then typically the trust documents will provide for distribution of trust assets following the death of the last remaining of the trust creators (called Settlors or Trustors).

Re: Revocable Living Trusts

They become non-revocable at the death of the last trustor. It is at this point that a named trustee steps in and administers the trust under the terms of the trust.

If you would like to discuss this matter further in a more private forum, please feel free to contact me directly at the email address provided by LawGuru or through our firm�s website located at PasadenaEstatePlanning.com

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Re: Revocable Living Trusts

They may be perpetual from generation to generation if the estate allows. Contact me directly.